Interim Management: what is its value proposition?
Interim management, or flexible management services, is a term that is still unfamiliar to many, but is already well established in highly developed and competitive markets such as those in the United States and the United Kingdom. It is a flexible way of engaging high-level, highly specialised professionals with a proven track record of success, who […]
Interim management, or flexible management services, is a term still unfamiliar to many, but one that is already well established in highly developed and competitive markets such as those in the United States and the United Kingdom. It is a flexible form of engagement for high-level, highly specialised professionals with a proven track record of success, who join organisations for a fixed period to tackle a specific mission and pre-agreed objectives.
It is a high-impact, entirely results-oriented service that does not create tension amongst employees, as these professionals’ departure is planned from the moment they join, and it also reduces labour costs, as it involves a commercial contract. It is the resource that companies need but cannot afford to have on their permanent staff – the ideal facilitator, so difficult to find, to lead highly complex transformational processes.
In short, the Interim Manager is an innate value creator and a natural facilitator for high-impact business transformation. Whatever the scenario, the Interim Manager works with you to design an action plan and implements it, without creating dependency, as their association with the company ends as soon as they have fulfilled their obligations.
For the first time, small and medium-sized enterprises can access high-level talent that was previously out of reach.
Interim Management and its value proposition
Experience, knowledge, a fresh and objective perspective, and a high-calibre resource to tackle the organisation’s challenges.
If we were to summarise the most important aspects of its value proposition, they would be as follows:
Experience
Through interim management, executives with extensive experience and expertise in the specific functional area requiring attention are brought in. These are individuals with a broad perspective, the wisdom that comes with experience, and a strong desire to continue learning and delivering results. Their perspective enables them to provide solutions quickly and with a high probability of success; they are professionals who were previously out of reach for small and medium-sized enterprises.
Temporary arrangement
The relationship with the company is temporary by nature, as the Interim Manager is hired for a specific, pre-agreed period. They are brought in to tackle a specific challenge and leave once it has been overcome, thereby avoiding tensions and fixed costs for the company.
Adds value to the team
With their knowledge and experience, the interim manager or transition manager enhances the value of the team, strengthening management capabilities and revitalising the company’s overall ethos. They contribute their know-how, working methods, methodologies and business vision.
Objectivity
The Interim Manager is an external figure and therefore offers a different perspective, free from the prejudices and tensions that are natural within a company. They bring objectivity, flexibility and an open mind to understanding the context and achieving objectives. They offer a different perspective and alternative solutions.
Productivity and efficiency
The Interim Manager joins the company with a list of objectives and tasks; they tackle them, exceed expectations and then move on; they offer a level of productivity and efficiency that is unattainable and unaffordable in a traditional SME.
Commitment and responsibility
Interim Managers demonstrate a high level of commitment and responsibility towards the company and the project they are working on. At EPUNTO, we also offer you a guaranteed service: if the Interim Manager fails to integrate into the organisation as you require or does not meet expectations, we will search our database of over 500 senior executives and aim to provide you with a replacement within 48 hours.
The solution you need
Nowadays, there are an increasing number of case studies from companies which, with the support of interim management, have found solutions to critical situations, have managed to adapt to changes in their environment and have successfully transformed their business. This isn’t just a buzzword; it’s the best option for companies that need change, that value the wisdom of experience and results, and that don’t have the most suitable talent on their own staff.
Here’s a success story from a family-run business. After all, why should we tell you about it when our clients have experienced it first-hand: 174 seconds that will improve your business